Today's gold bull market, Russell writes, is "one of the greatest and least appreciated bull markets in history. Take in this series, you may never see its like again.
2000 -- $273.60
2001 -- $279.00
2002 -- $348.20
2003 -- $416.10
2004 -- $438.40
2005 -- $518.90
2006 -- $638.00
2007 -- $838.00
2008 -- $889.00
2009 -- $1118.40
2010 -- ?
"I've been around a long time, and I've studied many primary bull markets. And now I want to venture a few of my observations.
"In markets, I have never seen a series like the above end with a whimper or a fizzle. The end or the wind-up of such a series usually arrives with an upside 'explosion,' as those who have failed to participate in the series finally rush in to join in the apparent endless advance. . . .
"A great primary bull market is an expression of something changing in a very fundamental and meaningful way. Following a great bull market, the world is never quite the same."
Read the rest.
Wednesday, December 29, 2010
If Tom Cruise was Born on the Fourth of July, then he can thank Thomas Paine, who it can be said was born on January 10, 1776 with the publ...
I’m sure there will be some shocking events in 2018, but I have no idea what they will be. There are too many wildcards in the mix, with o...
In spite of its success in bestowing wealth on some men while funding an unnecessary war ,  the National Banking System proved unsatisfac...
My grandson had quite a day at school. He had learned that the economy had been suffering from things called Panics, capital P, during th...